188 Main St - Office FOR SALE


Monroe, CT 06468
$875,000 USD
203-209-3337
188 Main St, Monroe, CT for Sale
$875,000 USD
Office - FOR SALE
1/4
null | Request Cap Rate

188 Main St
Monroe, CT 06468


HIGHLIGHTS

  • Heavy Daily Vehicular Traffic
  • Strong tenancy
  • Accessible Location

OVERVIEW

Prime Investment Opportunity! Office building located on well trafficked RT-25 in Monroe with 19,400+/- AADT. Building is currently at approximately 75% occupancy. Diverse mix of office tenants ranging from long term tenants to new lessees. Located in a flexible B-2 zone permitting a wide range of uses. Property has recently undergone a considerate amount of work including an extensive repaving of the parking lot and new exterior paint to the entire building. Property includes contractor/masonry shed and yard on north end of the property. Contact for more information.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$88 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

B-2

APN/PARCEL ID

MONR-000018-000043

ASK ABOUT THIS PROPERTY

Bryan AthertonBHGRE Commercial Atherton TeamMore Info
203-209-3337

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Bryan AthertonBHGRE Commercial Atherton TeamMore Info
203-209-3337

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.